Financial Sector (Collection of Data) (reporting standard) determination No. 22 of 2006 - Reporting Standard ARS 320.4 - Bill Acceptances and Endorsements
Interpretation - classifications of ADIsInterpretation - classifications of ADIs
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Interpretation - classifications of ADIs
- In this reporting standard:
ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.
ADI list means the attached ADI list.
bank means an ADI whose name appears under the heading ‘Australian-owned Banks’, ‘Foreign Subsidiary Banks’ or ‘Branches of Foreign Banks’ in the attached ADI list.
foreign ADI means an ADI that is not incorporated in Australia.
special service provider means an ADI whose name appears under the heading ‘Other ADIs’ in the ADI list (other than the Cairns Penny Savings & Loans Limited).
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If an ADI is not in the ADI list, then if the ADI assumes or uses the word ‘bank’ in relation to its financial business, it is taken to be a bank for the purposes of this reporting standard.
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APRA may in writing determine that an ADI is taken to be a bank or special service provider for the purposes of this reporting standard (even if, under paragraph 15 or 16, it comes within a different classification).